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Finance committee approves $640,000 land purchase for Duck Egg-adjacent parcel
Summary
The committee approved a $640,000 purchase of land adjoining the Duck Egg property. Staff said the purchase is covered by two funding sources and will be reimbursed to the county; the motion carried unanimously.
The finance committee voted to approve a $640,000 purchase of property that adjoins the "Duck Egg" parcel, a county presenter said. "The purchase price is 640,000," the presenter told the committee while outlining that the county has an offer signed by the sellers and encumbered project loan funding that will reimburse the county from two sources.
Committee members confirmed access and title survey findings and then moved to approve the purchase. A committee member moved the motion and another seconded; the chair called the vote and the motion carried without opposition. Staff said finance has the offer-to-purchase packet and will provide any needed invoice paperwork to process the voucher for payment.
The committee did not deliberate further on terms or contingencies at this meeting; staff said state grant award documents and project-appraisal numbers were part of the reimbursement package and would be finalized before drawdown.
